Jiaozuo Wanfang (China) Price on April 15, 2024
| 000612 Stock | 6.90 0.25 3.50% |
If you're considering investing in Jiaozuo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jiaozuo Wanfang stands at 6.90, as last reported on the 13th of December 2024, with the highest price reaching 7.13 and the lowest price hitting 6.88 during the day. Jiaozuo Wanfang appears to be slightly risky, given 3 months investment horizon. Jiaozuo Wanfang Aluminum holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Jiaozuo Wanfang's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Jiaozuo Wanfang's Risk Adjusted Performance of 0.1205, market risk adjusted performance of (0.65), and Downside Deviation of 3.18 to validate if our risk estimates are consistent with your expectations.
Jiaozuo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jiaozuo |
Sharpe Ratio = 0.1551
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000612 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Jiaozuo Wanfang is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Jiaozuo Wanfang by adding it to a well-diversified portfolio.
Jiaozuo Wanfang Valuation on April 15, 2024
It is possible to determine the worth of Jiaozuo Wanfang on a given historical date. On April 15, 2024 Jiaozuo was worth 7.74 at the beginning of the trading date compared to the closed value of 7.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiaozuo Wanfang stock. Still, in general, we apply an absolute valuation method to find Jiaozuo Wanfang's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jiaozuo Wanfang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiaozuo Wanfang's related companies.
| Open | High | Low | Close | Volume | |
| 7.28 | 7.95 | 7.12 | 7.84 | 172,588,612 | |
04/15/2024 | 7.74 | 7.96 | 7.36 | 7.54 | 136,307,745 |
| 7.47 | 7.93 | 7.16 | 7.63 | 138,071,657 |
| Backtest Jiaozuo Wanfang | | | Jiaozuo Wanfang History | | | Jiaozuo Wanfang Valuation | Previous | Next |
Jiaozuo Wanfang Trading Date Momentum on April 15, 2024
| On April 16 2024 Jiaozuo Wanfang Aluminum was traded for 7.63 at the closing time. The highest price during the trading period was 7.93 and the lowest recorded bid was listed for 7.16 . The volume for the day was 138.1 M. This history from April 16, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.19% . The trading delta at closing time to the current price is 4.11% . |
Jiaozuo Wanfang Aluminum Fundamentals Correlations and Trends
By evaluating Jiaozuo Wanfang's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jiaozuo Wanfang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiaozuo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiaozuo Wanfang Stock history
Jiaozuo Wanfang investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jiaozuo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiaozuo Wanfang Aluminum will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jiaozuo Wanfang stock prices may prove useful in developing a viable investing in Jiaozuo Wanfang
Jiaozuo Wanfang Stock Technical Analysis
Jiaozuo Wanfang technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Jiaozuo Wanfang Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Jiaozuo Wanfang Aluminum cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Jiaozuo Wanfang December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiaozuo Wanfang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiaozuo Wanfang shares will generate the highest return on investment. By undertsting and applying Jiaozuo Wanfang stock market strength indicators, traders can identify Jiaozuo Wanfang Aluminum entry and exit signals to maximize returns
Jiaozuo Wanfang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiaozuo Wanfang's price direction in advance. Along with the technical and fundamental analysis of Jiaozuo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiaozuo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1205 | |||
| Jensen Alpha | 0.6338 | |||
| Total Risk Alpha | 0.1029 | |||
| Sortino Ratio | 0.1471 | |||
| Treynor Ratio | (0.66) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jiaozuo Stock analysis
When running Jiaozuo Wanfang's price analysis, check to measure Jiaozuo Wanfang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jiaozuo Wanfang is operating at the current time. Most of Jiaozuo Wanfang's value examination focuses on studying past and present price action to predict the probability of Jiaozuo Wanfang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiaozuo Wanfang's price. Additionally, you may evaluate how the addition of Jiaozuo Wanfang to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |